LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Camping World Holdings, Inc. (NYSE: CWH) (the “Company”), the nation’s largest network of RV-centric retail locations, today announced that it has closed on the acquisition of Coates RV with locations in Hugo and Cloquet, Minnesota.
“For over 80 years, Coates RV has earned its customers’ business by providing quality products and service backed with a highly experienced team and reliable RV care,” said Marcus Lemonis, Chairman of Camping World Holdings. “Attention to detail has made them leaders in the RV industry and we look forward to the team, many of which have over 10 years’ experience, joining our network of RV Supercenters.”
The acquisition of Coates RV is in line with the Company’s future RV dealership growth plans and the Company expects to continue expanding in Minnesota and other new markets throughout the country this year; including three additional Gander RV locations in Forest Lake, Hermantown and Baxter, opening spring and summer of 2019.
“The two Coates RV locations will allow us to expand our footprint in the state of Minnesota while continuing to deliver a high standard of customer service and integrity in the industry,” said Brent Moody, President of Camping World Holdings. “We currently operate a location in Monticello, MN, that specializes in RV sales, service, and accessories. With the Coates RV locations, we increase our presence in the state to three RV Supercenters, and we look forward to the expansion of the Gander RV dealerships in Forest Lake, Hermantown and Baxter.”
Camping World Holdings is always looking for seasoned and professional RV sales associates, technicians, and retail support to assist with locations across the country. Individuals interested in applying for a position with Camping World and Gander RV may visit http://www.campingworldcareers.com/
About Camping World Holdings, Inc.
Camping World Holdings, headquartered in Lincolnshire, Illinois, is the leading outdoor and camping retailer, offering an extensive assortment of recreational vehicles for sale, RV and camping gear, RV maintenance and repair, other outdoor and active sports products, and the industry’s broadest and deepest range of services, protection plans, products and resources. Since the Company's founding in 1966, Camping World has grown to become one of the most well-known destinations for everything RV, with approximately 225 locations in 36 states and a comprehensive e-commerce platform.
For more information, visit www.CampingWorld.com.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning Camping World and other matters. All statements other than statements of historical facts contained in this press release may be forward-looking statements. Statements regarding our future results of operations and financial position, business strategy and plans and objectives of management for future operations are forward-looking statements. In some cases, you can identify forward-looking statements by terms such as ‘‘may,’’ ‘‘will,’’ ‘‘should,’’ ‘‘expects,’’ ‘‘plans,’’ ‘‘anticipates,’’ ‘‘could,’’ ‘‘intends,’’ ‘‘targets,’’ ‘‘projects,’’ ‘‘contemplates,’’ ‘‘believes,’’ ‘‘estimates,’’ ‘‘predicts,’’ ‘‘potential’’ or ‘‘continue’’ or the negative of these terms or other similar expressions. The forward-looking statements in this press release are only predictions. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition and results of operations. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. You should carefully consider the risks and uncertainties that affect our business, including those described in our filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the date of this communication. Except as required by applicable law, we do not plan to publicly update or revise any forward-looking statements, whether as a result of any new information, future events or otherwise. You are advised, however, to consult any further disclosures we make on related subjects in our public announcements and filings with the Securities and Exchange Commission.